The income-tax officers have issued realize to the previous Tamil Nadu Leader Minister Edappadi Palaniswami, former Deputy Leader Minister O Panneerselvam and 12 former ministers in reference to a diary seized when the IT officers raided the place of abode of businessman Sekhar Reddy in 2016 and two of his mates quickly after when High Minister Narendra Modi introduced demonetisation of Rs 500 and Rs 1,000 in November 2016.
Reddy used to be a contractor on the Public Works Division. All over the quest, the officers seized over Rs 140 crore money and it used to be reported that over Rs 34 crore used to be seized within the then newly-printed 2,000 rupee notes, at the side of gold roughly weighing above 120 kg from more than a few puts in Chennai and Vellore districts. On the other hand, the CBI and the Enforcement Directorate registered instances towards Sekhar Reddy for attractive in cash laundering and illegally hoarding the brand new 2,000 rupee notes.
Later, “Sekhar Reddy and his mates have been arrested by way of CBI and ED officers on fees of cash laundering”, The Hindu day by day reported.
Because the CBI’s Anti-Corruption Department registered 3 separate FIRs with regards to the seizure towards the accused, whilst the Madras Prime Court docket quashed all of the 3 FIRs for ‘need of proof.’ Excluding this, a diary used to be seized when Source of revenue Tax officers raided the place of abode of Sekhar Reddy. Assets stated the diary accommodates the names of 14 folks, together with former CM Edappadi Palaniswami and ex-deputy CM O Panneerselvam and previous ministers together with C Vijayabaskar, RB Udhayakumar, Sellur Raju, Thangamani, MC Sampath. The diary may be stated to comprise main points of bills made to EPS, OPS and previous ministers all over the AIADMK regime.
Within the period in-between, the IT Division has summoned EPS, OPS and 12 former ministers in quest of a proof of the names within the diary seized from Sekhar Reddy’s place of abode. In step with the dep., Senthil Balaji, who left the AIADMK and is recently a minister within the DMK executive, has additionally been summoned.
The dept has issued a summons in quest of rationalization because the instances associated with the raid on the place of abode have been regarded as to be closed. “The CBI has discovered no proof to prosecute industrialist J Sekhar Reddy and his mates within the sensational money seizure case of 2016″, instructed The Hindu. Previous, the Andhra Pradesh executive got rid of Sekhar Reddy as a member of the Tirumala Tirupati Devasthanam (TTD) board following the seizure of large money. Later, when the instances have been closed, he used to be again on TTD Board.